B.A BUSINESS STUDIES BUS361 BUSINESS LAW

 Critically discuss the advantages and disadvantages of the doctrine of judicial precedent.  Critically discuss the effect of European Law on the legislative and judicial system of Member States.  Evaluate the advantages and disadvantages of Alternative Dispute Resolution.

 3,000 words  No plagiarism  Cover page  Bibliography  References  Case law

Introduction to Contract Law

 Legally enforceable Agreement  Two or more parties  Specific terms

 Offer  Acceptance  Consideration  Intention to create legal relations

 Executory Consideration  Executed Consideration

 Consideration must not be past  Consideration must be sufficient but need no to be adequate  Consideration must move from the promisee  An existing public duty will not amount to valid consideration  An existing contractual duty will not amount to valid consideration  Part payment of a debt is not valid consideration for a promise to forego the balance

 Social and domestic agreements  Commercial agreements

 Counter Offer  Invitation to Treat

 Parties  Definitions and Interpretations  Payment Provisions  Term of contract  A specific description of the goods or services that will be provided under the contract including  Timescale  Limitation of liability  Termination provisions  Change of Control  Dispute Resolution  Confidentiality  Intellectual Property Rights  Warranties  Indemnity  Force Majeure  Applicable law

A misrepresentation is a false statement of fact or law which induces the representee to enter a contract.

 Innocent misrepresentation  Negligent misrepresentation  Fraudulent misrepresentation.

Thank you for your attention!